Manchester United executive vice-chairman Ed Woodward failed to mention under-fire manager Louis van Gaal as he discussed record quarterly revenues with the clubs investors on Friday. United are on course to become the first British club to earn more than £500m in a single year, after announcing record revenues of £123.4m - up 29.9 per cent from last year - for the third quarter of 2016.But that success off the pitch has not been matched by the teams fortunes on it, with United trailing rivals Manchester City by two points in the race for fourth place heading into their final Premier League game of the season at home to Bournemouth on Sunday, live on Sky Sports 1 HD from 2.30pm. The clubs damaging 3-2 defeat at West Ham on Tuesday has piled pressure on the Dutchman as United face up to the prospect of missing out on Champions League football for the second time in three seasons. Woodward touched on a variety of topics in his nine-minute conference call with investors as he outlined Uniteds willingness to spend this summer, while also praising the clubs youth academy, but did not refer to Van Gaal at any point.There has been a continued inflation in player transfers, given the increase in money flowing around the industry, Woodward explained. It is the heart of the club. It is in our DNA. That will help in terms of net transfer spend. Ed Woodward on Man Utds academy You know as a club, we will always invest in the squad to the extent that we feel we need to so that were challenging for titles.But I think this sustained level is probably relatively high compared to what is needed.The academy is helping us in terms of net transfer spend. The market has become more competitive.It is the heart of the club. It is in our DNA. That will help in terms of net transfer spend. Louis van Gaal watches United lose to West Ham on Tuesday Uniteds transfer spending since Van Gaal succeeded David Moyes has been mammoth, with the Dutchman allowed to spend more than a quarter of a billion pounds on 12 new players as he has completely overhauled the squad.But that outlay has not translated into improved performances on the pitch with Van Gaals side, who are on course to shatter the clubs record total for fewest goals scored in a Premier League season, trailing champions Leicester by 17 points heading into the final weekend.Woodward admits it has become far more difficult for teams to simply spend their way out of trouble.I have to say it has become more competitive, Woodward conceded. It became more competitive when Chelsea had a change of ownership 13 years ago, it obviously got more competitive when Manchester City changed ownership about five years ago. Record revenue for United Manchester United announce record quarterly revenue The last round increase [of TV rights money] was 70 per cent domestically. Obviously were in the last year of that cycle, and visibility into the next years cycle - from domestic money going up by a similar percentage - obviously makes all the other clubs more competitive in the Premier League.But I think the way we view it is that we know we have strengths and we have to focus on giving ourselves the best chance in every single area of the club that we can.Yes, thats the academy, but it also means in recruitment, it means the coaching staff, it means having the best medical department, sports science facilities, etc. Its trying to get the extra one per cent from all of those areas that influences and impacts the first-team. WBA lightweight champion and Manchester United season ticket holder Anthony Crolla gives his thoughts on a tough season for the club Also See: Record revenue for United Merse: United must get Mourinho Chelsea beat United on shirt sales Crolla: Time for LVG to go San Diego Padres Jerseys . -- Golden State Warriors coach Mark Jackson asked his players a simple question during Fridays morning shootaround: How many of them had ever been on a team 14 games over . Tony Gwynn Jersey . The team says the Spain international has a muscle pull in his right leg. Barcelona hosts third-division side Cartagena in the return leg of their round-of-32 tie after winning their first meeting 4-1. http://www.authenticpadresprostore.com/padres-erick-aybar-jersey/ . Malkin got tangled up with Detroits Luke Glendening early in the third period and his left skate took the brunt of collision with the boards behind Pittsburghs net. Rollie Fingers Jersey . -- The Magic have their first victory of the new year. 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LOUIS -- Cardinals cleanup hitter Allen Craig says hes recovered from a foot injury and ready to be put on St. Injury rather than fatigue is to blame for Brisbanes season-threatening form slump, captain Corey Parker says.The Broncos have lost six of their past eight matches to drop to seventh on the NRL ladder, succumbing to a record 48-6 loss to Melbourne on Friday night.Its the second consecutive time the side has conceded 40 points or more, losing heavily to Canterbury the week previous.Critics have pointed to a flat defensive line and an attack lacking firepower, and Parker believes the sides injury list is the culprit, rather than the usual Origin-period fatigue.Its just a tough period for us, Parker told Sky Sports Radio.Weve been hit pretty hard with injuries in the outside back area.Brisbane lost star winger Corey Oates in the 18th minute when the Queensland representative came off second best with try-bound Storm centre Ryan Morgan.It was a cruel blow foor a 17 already missing backs Jordan Kahu, Jack Reed, Greg Eden and Tom Opacic to injury, meaning bench player Kodi Nikorima had to fill in on the wing.ddddddddddddThe diminutive utility was easy aerial pickings for Storm winger Suliasi Vunivalu, who bagged a hat-trick.Five tries off kicks - theres 30 points right there, Parker saidParker said the side can expect a few inclusions for its next match following the bye against the struggling South Sydney at ANZ Stadium.He said confidence isnt completely shot at Red Hill despite their troubling recent results.We were going into that game not worrying about a result but more worrying about some performances in certain areas, he said.At times, we were in front from the week before. 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